About Black Stone Minerals (NYSE:BSM)

Black Stone Minerals, L.P. owns and manages oil and natural gas mineral interests in the United States. The company owns mineral interests in approximately 16.8 million acres, nonparticipating royalty interests in 1.9 million acres, and overriding royalty interests in 2.1 million acres located in 41 states and in 64 onshore basins in the continental United States. As of December 31, 2017, the company had a total estimated proved oil and natural gas reserves of 67,945 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.

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Miscellaneous

Black Stone Minerals (NYSE:BSM) Frequently Asked Questions

What is Black Stone Minerals' stock symbol?

Black Stone Minerals trades on the New York Stock Exchange (NYSE) under the ticker symbol "BSM."

How often does Black Stone Minerals pay dividends? What is the dividend yield for Black Stone Minerals?

Black Stone Minerals announced a quarterly dividend on Monday, May 7th. Stockholders of record on Thursday, May 17th will be paid a dividend of $0.313 per share on Thursday, May 24th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date of this dividend is Wednesday, May 16th. This is a boost from Black Stone Minerals's previous quarterly dividend of $0.31. View Black Stone Minerals' Dividend History.

How were Black Stone Minerals' earnings last quarter?

Black Stone Minerals (NYSE:BSM) issued its quarterly earnings results on Monday, May, 7th. The oil and gas producer reported $0.41 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.23. The oil and gas producer had revenue of $114.49 million for the quarter, compared to analysts' expectations of $106 million. Black Stone Minerals had a return on equity of 11.19% and a net margin of 20.78%. View Black Stone Minerals' Earnings History.

When did Black Stone Minerals IPO?

(BSM) raised $450 million in an initial public offering (IPO) on Friday, May 1st 2015. The company issued 22,500,000 shares at $19.00-$21.00 per share. Barclays, BofA Merrill Lynch, Citigroup, Credit Suisse and Wells Fargo Securities acted as the underwriters for the IPO and J.P. Morgan, Morgan Stanley, Raymond James, Scotia Howard Weil and Simmons & Company International were co-managers.

Has Black Stone Minerals been receiving favorable news coverage?

News headlines about BSM stock have trended somewhat positive on Thursday, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Black Stone Minerals earned a news sentiment score of 0.02 on Accern's scale. They also assigned news stories about the oil and gas producer an impact score of 43.77 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Which major investors are selling Black Stone Minerals stock?

BSM stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Evergreen Capital Management LLC, Dumac Inc., Sumitomo Mitsui Trust Holdings Inc., Freestone Capital Holdings LLC, UBS Group AG and Barclays PLC. Company insiders that have sold Black Stone Minerals company stock in the last year include Brock Morris, Dawn Smajstrla, Jeffrey P Wood and Luke Stevens Putman. View Insider Buying and Selling for Black Stone Minerals.

How do I buy shares of Black Stone Minerals?

Shares of BSM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Black Stone Minerals' stock price today?

One share of BSM stock can currently be purchased for approximately $18.30.

How big of a company is Black Stone Minerals?

Black Stone Minerals has a market capitalization of $3.73 billion and generates $429.66 million in revenue each year. The oil and gas producer earns $157.18 million in net income (profit) each year or $1.01 on an earnings per share basis. Black Stone Minerals employs 113 workers across the globe.

MarketBeat Community Rating for Black Stone Minerals (BSM)

MarketBeat's community ratings are surveys of what our community members think about Black Stone Minerals and other stocks. Vote "Outperform" if you believe BSM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BSM will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Black Stone Minerals (NYSE:BSM) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

5 Wall Street analysts have issued ratings and price targets for Black Stone Minerals in the last 12 months. Their average twelve-month price target is $19.40, suggesting that the stock has a possible upside of 6.01%. The high price target for BSM is $20.00 and the low price target for BSM is $18.00. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus rating of "Buy."

Dividends

Black Stone Minerals (NYSE:BSM) Dividend Information

Black Stone Minerals pays an annual dividend of $1.25 per share, with a dividend yield of 6.83%. BSM's most recent quarterly dividend payment was Thursday, May 24. Black Stone Minerals pays out 123.76% of its earnings out as a dividend.